Ramez is a Syrian citizen with 20 years of experience in his domain. He works in Lebanon to provide his family with a better living. He is well known in his surroundings for his good reputation and morals. He devotes his life to his family and works hard to provide them with a better financial living. For this reason he is applying for a loan from Kiva's partner, Al Majmoua, in order to better support his business.
With the requested loan capital, Ramez will be able to purchase spare parts for appliances he repairs, which he needs a lot in his business, and they will help a lot in improving both his social and financial situations in a well-managed way. Ramez is planning to expand and improve his business as much as he can to keep a good heritage for his family.
About Al Majmoua – Lebanese Association for DevelopmentThe Lebanese Association for Development – Al Majmoua is Lebanon’s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua’s vision is to “be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.” Given Lebanon's diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.
Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.
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